Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 30.99% is 22% below its 5-year average of 39.95%, near the low end of its 5-year range (25.04%–50.07%).
As of the fiscal period ended Tuesday, March 31, 2026. 16.51% below its 12-month average of 37.12%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
30.99%
GROSS MARGIN AVG TTM
37.12%
GROSS MARGIN AVG 3Y
40.74%
GROSS MARGIN AVG 5Y
39.95%
GROSS MARGIN AVG 10Y
47.53%
GROSS MARGIN AVG 15Y
47.63%
GROSS MARGIN AVG 20Y
50.34%
CURRENT VS TTM AVG
-16.51%
CURRENT VS 3Y AVG
-23.93%
CURRENT VS 5Y AVG
-22.43%
CURRENT VS 10Y AVG
-34.79%
CURRENT VS 15Y AVG
-34.94%
CURRENT VS 20Y AVG
-38.43%
SECTOR MEDIAN · UTILITIES
31.68%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-2.19%
vs the sector median at left
Market Cap
$26.66B
Gross Margin
44.38%
TTM Avg
51.83%
3Y Avg
55.28%
5Y Avg
55.50%
Market Cap
$27.69B
Gross Margin
28.71%
TTM Avg
37.36%
3Y Avg
38.38%
5Y Avg
38.57%
Market Cap
$28.23B
Gross Margin
57.83%
TTM Avg
49.42%
3Y Avg
43.87%
5Y Avg
41.83%
Market Cap
$28.84B
Gross Margin
51.43%
TTM Avg
55.14%
3Y Avg
50.37%
5Y Avg
50.93%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPL Corporation (PPL) | $26.49B | 30.99% | 37.12% | 40.74% | 39.95% |
| American Water Works Company, Inc. (AWK)vs › | $26.66B | 44.38% | 51.83% | 55.28% | 55.50% |
| Eversource Energy (ES)vs › | $26.92B | 30.13% | 30.63% | 36.49% | 40.66% |
| CenterPoint Energy, Inc. (CNP)vs › | $27.69B | 28.71% | 37.36% | 38.38% | 38.57% |
| FirstEnergy Corp. (FE)vs › | $27.95B | 53.43% | 61.14% | 62.33% | 64.99% |
| Edison International (EIX)vs › | $28.23B | 57.83% | 49.42% | 43.87% | 41.83% |
| NRG Energy, Inc. (NRG)vs › | $28.33B | 17.07% | 21.65% | 16.06% | 19.41% |
| Atmos Energy Corporation (ATO)vs › | $28.84B | 51.43% | 55.14% | 50.37% | 50.93% |
| DTE Energy Company (DTE)vs › | $29.52B | 84.94% | 59.88% | 43.20% | 37.30% |
| Ameren Corporation (AEE)vs › | $30.33B | 29.58% | 38.75% | 41.44% | 43.64% |
Gross Margin
31.0%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 30.99% |
| 2025-12-31 | 40.46% |
| 2025-09-30 | 44.66% |
| 2025-06-30 | 25.04% |
| 2025-03-31 | 44.45% |
| 2024-12-31 | 36.27% |
| 2024-09-30 | 40.66% |
| 2024-06-30 | 42.64% |
| 2024-03-31 | 41.19% |
| 2023-12-31 | 39.24% |
| 2023-09-30 | 41.65% |
| 2023-06-30 | 38.78% |
| 2023-03-31 | 38.14% |
| 2022-12-31 | 32.62% |
| 2022-09-30 | 35.29% |
| 2022-06-30 | 35.50% |
| 2022-03-31 | 44.05% |
| 2021-12-31 | 42.69% |
| 2021-09-30 | 50.07% |
| 2021-06-30 | 45.65% |
| 2021-03-31 | 49.00% |
| 2020-12-31 | 57.70% |
| 2020-09-30 | 52.93% |
| 2020-06-30 | 50.59% |
| 2020-03-31 | 50.07% |
| 2019-12-31 | 55.42% |
| 2019-09-30 | 57.37% |
| 2019-06-30 | 56.30% |
| 2019-03-31 | 55.07% |
| 2018-12-31 | 52.19% |
| 2018-09-30 | 55.45% |
| 2018-06-30 | 54.38% |
| 2018-03-31 | 56.59% |
| 2017-12-31 | 58.88% |
| 2017-09-30 | 57.56% |
| 2017-06-30 | 56.46% |
| 2017-03-31 | 55.10% |
| 2016-12-31 | 55.68% |
| 2016-09-30 | 57.91% |
| 2016-06-30 | 57.70% |
| 2016-03-31 | 56.24% |
| 2015-12-31 | 50.56% |
| 2015-09-30 | 52.77% |
| 2015-06-30 | 52.22% |
| 2015-03-31 | 53.45% |
| 2014-12-31 | 34.33% |
| 2014-09-30 | 53.17% |
| 2014-06-30 | 53.27% |
| 2014-03-31 | 94.14% |
| 2013-12-31 | 39.40% |
| 2013-09-30 | 39.56% |
| 2013-06-30 | 32.75% |
| 2013-03-31 | 43.67% |
| 2012-12-31 | -38.83% |
| 2012-09-30 | 42.95% |
| 2012-06-30 | 36.48% |
| 2012-03-31 | 34.19% |
| 2011-12-31 | 48.06% |
| 2011-09-30 | 63.43% |
| 2011-06-30 | 70.31% |
| 2011-03-31 | 61.24% |
| 2010-12-31 | 75.47% |
| 2010-09-30 | 53.74% |
| 2010-06-30 | 62.66% |
| 2010-03-31 | 40.05% |
| 2009-12-31 | 32.37% |
| 2009-09-30 | 32.94% |
| 2009-06-30 | 38.24% |
| 2009-03-31 | 41.17% |
| 2008-12-31 | 50.10% |
| 2008-09-30 | 23.96% |
| 2008-06-30 | 68.44% |
| 2008-03-31 | 68.41% |
| 2007-12-31 | 75.32% |
| 2007-09-30 | 72.27% |
| 2007-06-30 | 74.89% |
| 2007-03-31 | 77.04% |
| 2006-12-31 | 69.37% |
| 2006-09-30 | 67.28% |
| 2006-06-30 | 70.55% |
| 2006-03-31 | 71.88% |
| 2005-12-31 | 71.50% |
| 2005-09-30 | 70.12% |
| 2005-06-30 | 72.87% |
| 2005-03-31 | 68.13% |
| 2004-12-31 | 71.60% |
| 2004-09-30 | 71.87% |
| 2004-06-30 | 71.42% |
| 2004-03-31 | 68.86% |
| 2003-12-31 | 76.26% |
| 2003-09-30 | 68.74% |
| 2003-06-30 | 71.17% |
| 2003-03-31 | 66.47% |
| 2002-12-31 | 70.67% |
| 2002-09-30 | 70.73% |
| 2002-06-30 | 63.80% |
